The haze of interest rate hikes, coupled with the worsening economic outlook, has made U.S. stocks more vulnerable.
The U.S. stock market plunged again the next night, with the Dow closing down 653 points, while the Nasdaq plunged 4.29%.
At the same time, the US 10-year bond yield once surged to 3.2%, and the US dollar index rose to a 20-year high of 104, which is also unfavorable for the stock market.
[09:22] Hang Seng Index opened 3.51% lower
The Hang Seng Index opened at 19,300 points, with a water drop of 701 points or 3.51%: the KSE Index opened at 3,796 points, with a drop of 239 points or 5.93%.
As for the national index, it opened at 6561 points, adding 294 points or 4.32%.
ATMXJ is all plugged in, Alibaba﹙9988﹚, Tencent﹙0700﹚, Meituan﹙3690﹚, Xiaomi﹙1810﹚ and Jingdong﹙9618﹚ opened lower by 7.58%, 4.93%, 5.4%, 7%, 4.41% and 12% respectively %.
International oil prices were soft and three barrels of oil were under pressure. CNOOC ﹙0883﹚ and PetroChina ﹙0857﹚ opened more than 6% lower.
[08:30] Japanese stocks fell nearly 2%
The Asia-Pacific markets generally fell at the opening of the market this morning. The Nikkei 225 index is now down 501 points or 1.92%, falling below the 26,000-point mark, hitting a new low since March 16, while Australia's S&P 200 Index and South Korea's KOSPI index once fell more than 2% in the morning. .
U.S. stocks closed at 32,245 points, the Dow fell 653 points or 1.99%; the benchmark index fell 3.2% to 3,991 points; the Nasdaq fell 4.29% to 11,623 points.
The Hong Kong stock ADR index was also weak, and closed at 19,254 points on a proportional basis, down 747 points or 3.88%.
On the other hand, the U.S. dollar index once peaked at 104.12, the highest since December 2002, and is now down to 103.736.
